Childcare business magnate Chris Scott sits atop a pretty fortune with his numerous childcare investments over the years. He has been on the scene, kind of in an artful Willy Wonka fashion, inviting children and their parents into his massive empire, which has been taking advantage of the increased Child Care Subsidy by the Australian
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As per the Australian Bureau of Statistics, in 2022, 80% of children enrolled in a preschool program were aged 4 years as compared to only 20% aged 5 years. Parents are adopting the “you’ve got to teach them young” policy, putting the focus on developing the early childhood care industry. That is probably why companies,
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Like how learning is often compared to the process of osmosis, education tech company Janison Education Group (ASX: JAN) is dispersing its way into some well known adult education institutions with several enterprise contract wins leading to the company setting new revenue records in FY22. Enterprise clients remain the softest target for Janison where online
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Everyone loves the notion of something for nothing – especially if the government is footing the bill – but for the childcare operators the hastily implemented “free” system during the virus crisis has fallen well short of a socialist paradise. Put another way, the emergency measure may have assisted some parents but was less than
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The Australian childcare industry could be in line for a shakeup with large New Zealand operator Evolve Education (ASX: EVO) announcing their expansion into the Australian market, starting with the acquisition of four centres in Melbourne. The acquisitions were funded from existing cash reserves with a total purchase price of A$11.8m and are expected to
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